The Educational Foundation Inc.
Fiscal year ending 2021. Filed on May 12, 2022.
450 Skipper Bowles Dr
Chapel Hill, North Carolina 27599
The Educational Foundation Inc. (EIN: 56-6058412) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, The Educational Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 9 out of 51 total employees. Among the employees shown here, the average compensation is $355,373. The highest compensated employee at The Educational Foundation Inc. is Dawn McPherson with fiscal year 2021 compensation of $716,408.
Revenue, expenses, and employee compensation
Revenue
$63,834,996
Expenses
$48,905,119
Employee compensation
$4,579,456
Reported Compensated Employees
Dawn McPherson
Chief Operating Officer
$716,408
$700,200 from orgNo related comp$16,208 other
Sue W Stankavage
Assoc EXEC Director Scholarship
$704,529
$680,340 from orgNo related comp$24,189 other
John Montgomery
Executive Director
$516,922
$469,322 from orgNo related comp$47,600 other
Ken Mack
Assoc EXEC Director LEAD G
$260,223
$226,749 from orgNo related comp$33,474 other
Tim Smith
Deputy Director
$238,915
$213,628 from orgNo related comp$25,287 other
Diane Aldridge
CFO and General Counsel
$213,070
$187,165 from orgNo related comp$25,905 other
Seth Reeves
Major Gifts Director
$192,706
$169,731 from orgNo related comp$22,975 other
Matt Terrell
Chief Strategy and COMM OFFI
$182,292
$156,183 from orgNo related comp$26,109 other
Eric Montross
Major Gifts Director
$173,294
$161,391 from orgNo related comp$11,903 other
Non-Employee Board Members
Alan Caldwell
Executive Board Member
Alge Crumpler
Executive Board Member
Anne Lloyd
Executive Board Member
Chuck Duckett
Executive Board Member
David Routh
Executive Board Member
Don Hardison
Executive Board Member
Don Williams
Vice Chair
Frank Brenner
Executive Board Member
Jim Sigman
Executive Board Member
Keith Stoneman
Executive Board Member
Ken Williams
Executive Board Member
Lowry Caudill
Executive Board Member
Mission Statement
SEE SCHEDULE O
Other organizations also named The Educational Foundation
Yuba River Charter School Educational Foundation
Grass Valley, California
Semi-Therm Educational Foundation
Santa Clara, California
Hampton Educational Foundation
Hampton, Virginia
Burlington Educational Foundation
Burlington, Iowa
Claremont Educational Foundation
Claremont, California
Holy Trinity Catholic Schools Educational Foundation
West Point, Iowa
Revisions to this organization profile
May 12, 2025:
2024 The Educational Foundation Inc. 990 filed
May 14, 2024:
2023 The Educational Foundation Inc. 990 filed
May 8, 2023:
2022 The Educational Foundation Inc. 990 filed
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